BREAKING: Bitcoin falls by over 11% to $30,000

The price of Bitcoin fell by more than 11% in 24 hours to dip below the $30,000 mark for the first time since July 2021. It’s more than 55% lower than its all-time high of $69,000, set last November. Other top-10...

The price of Bitcoin fell by more than 11% in 24 hours to dip below the $30,000 mark for the first time since July 2021.

It’s more than 55% lower than its all-time high of $69,000, set last November.

Other top-10 coins also suffered double-digit-percentage drops, led by Cardano (20%), Solana (16%), XRP (13%), BNB (16%), and Ethereum (10%).

All told, the cryptocurrency market dropped 13% from the previous day. The $1.37 trillion market cap is its lowest this year.

Even some stablecoins are faced with declining prices, as Terra USD lost its 1:1 peg to the U.S. dollar.

Rihanna Celebrates Being Honored At Met Gala With Greek Goddess Statue

No Newer Articles

Delegate Your Voting Power to FEED DRep in Cardano Governance.

DRep ID: drep12ukt4ctzmtf6l5rj76cddgf3dvuy0lfz7uky08jfvgr9ugaapz4 | We are driven to register as a DRep by our deep dedication to the Cardano ecosystem and our aspiration to take an active role in its development, ensuring that its progress stays true to the principles of decentralization, security, and community empowerment.DELEGATE VOTING POWER!

Read Original Article on Greek City Times

ORIGINAL SOURCE

https://greekcitytimes.com/2022/05/10/br...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.